INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

  • Ahmady explained that the Taliban would have access to only 0.1-0.2 percent of the country’s foreign reserves of $9 billion,...

    Ahmady explained that the currency may depreciate, something that already happened over the weekend the Taliban took Kabul

    He also predicted that food prices would rise, hurting the poorest the most

  • The vast arid region, along with central Mali, has become the worst-hit area in the jihadists' nine-year-old campaign

    The vast arid region, along with central Mali, has become the worst-hit area in the jihadists' nine-year-old campaign

    As elsewhere in the Sahel, the birthrate here is high and climate change has sharpened competition over scarce resources

  • A concrete wall, topped with barbed wire and surrounded by trenches, is being erected along Turkey's border with Iran

    A concrete wall, topped with barbed wire and surrounded by trenches, is being erected along Turkey's border with Iran

    Official data shows 120,000 Afghan refugees in Turkey, and up to 300,000 undocumented Afghan migrants

  • Saudi Arabia ranked first for Bahrain-origin exports and re-exports. Portable digital automatic data processing machines were the top product re-exported...

    Unwrought aluminum and agglomerated iron ore and concentrates top two exports.

    Brazil, China and UAE top three importers for Bahrain.

  • This is in line with the country's commitment to achieve full compliance to the International Financial Action Task Force (FATF)

    This is in line with the country's commitment to achieve full compliance to the International Financial Action Task Force (FATF)

    The country’s ministry of economy highlighted that the private sector is a strategic partner in its efforts to implement the country’s international obligations

  • Both already host large refugee populations — 3.6 million Syrians in Turkey and 3.5 million Afghans in Iran

    Both already host large refugee populations — 3.6 million Syrians in Turkey and 3.5 million Afghans in Iran

    Both countries are battling the coronavirus pandemic and facing economic difficulties.

  • Bahrain has succeeded in lowering its deficit by 35 percent to $1.38 billion in the first half of 2021, compared...

    "Strategic planning, along with the persistent dedication of Team Bahrain, has yielded tangible outcomes in the Kingdom's path to development”

    According to the report, recurrent expenditure decreased by 2 percent year-on-year

  • The sovereign wealth fund is at the center of the kingdom's plans to transform the economy by creating new sectors...

    During Q4 2020, PIF acquired 14.9 million shares of US video-game maker Activision.

    Its other purchases last year included 7.4 million Electronic Arts shares and 3.9 million Take-Two shares worth about $1.1 billion and $826 million.

  • The number of financial transactions in H1 2021 exceeded 1.6 million, double the number in the same period last year.

    More than 1.1 million financial transactions were carried out on the national portal alone

    This an increase of 76 percent compared to the same period of last year

  • Police and local officials "began evacuating hundreds of families" from communities on the western outskirts of Jerusalem

    Police and local officials "began evacuating hundreds of families" from communities on the western outskirts of Jerusalem

    Fires have flared this summer around the Mediterranean basin, including in Greece, Turkey, Algeria and Morocco